Also, check state-specific tax laws, as some states impose additional transfer taxes.This post does not create a CPA-Client relationship.

I have found my market and have created my team thus far. 

High earners should also consider estate planning tools like trusts or Family Limited Partnerships (FLPs) to minimize future tax burdens.Given his income level and tax complexity, consulting a real estate-focused CPA is essential to maximizing deductions and optimizing tax efficiency.This post does not create a CPA-Client relationship.

I want to create something that adds value to the industry, so I'm looking to build a solid foundation in this field.

So, by transferring income from a rental schedule E to a business schedule C you're creating a significant extra tax.

Create an account on furnishedfinder.com, the hosts are on there and they are happy to chat.

The general idea is that you must acquire an interest in real property you do not already own, and since you already own the subject real property you want to build on, the transaction must be structured so that you are creating an interest in real property you do not already own (in fact, it does not yet exist).

Let’s Connect and discover ways to Work together, exchange Ideas, and create Value for each other’s Goals.Thank you, and I look forward to hearing from you!

Although, I am an advocate of documenting and creating systems, in the first few years all of your systems are going to change many times and so are everyone's roles within the company.

A homeowner I worked with wanted to remove a load-bearing wall to create an open-concept kitchen.